Although few magnetization measurements are available for the structural elements of the Chicxulub impact crater, the magnetization intensities of the melt sheet, upper breccia unit, and central uplift are 3--4 orders of magnitude greater than the 3- to 4-km-thick carbonate and evaporite stratigraphy covering the Yucat¿n block. This allows three-dimensional modeling of the crater's structure by inversion using a two-layer model. Two layers are separately inverted by dividing the crater's magnetic field expression into 40-km wavelength components. The upper layer (average depth 2 km) models the distribution of highly-magnetized zones in the crater's melt sheet. The lower layer (average depth 5 km) represents relief on the Yucat¿n block's basement surface and effectively maps the crater's ~50-km-diameter central uplift and possibly the expression of the surrounding collapsed disruption cavity fill. The shallower magnetized zones consist of two generally concentric distributions, at radii of ~20 and ~45 km. These highly magnetized zones are thought to result from hydrothermal systems, localized at the edge of the central uplift and the collapsed disruption cavity, having produced magnetic phases during alteration of the melt sheet. ¿ 2000 American Geophysical Union